rubybeth
Ideal_Rock
- Joined
- Nov 12, 2007
- Messages
- 2,568
The loan is for the upper end of our budget. Our wiggle room is more in the south numbers or we won't buy. We really are maxing out of our comfort zone as is. :/
What we've done when going to make an offer is get that pre-approval/advance approval for the loan letter in the offer, plus write a "love letter" to the sellers if we know there are multiple offers. Just keep in mind the interest rate you are quoted can change until you actually make an offer and shop for mortgages--and you aren't locked into the using the lender that gave you the approval letter, either. We have friends who negotiated to get a lower interest rate elsewhere, then convinced the lender they wanted to work with to lower their interest rate to be competitive.
Best of luck to you!